Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) Plans Dividend of $0.07

Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) announced a dividend on Thursday, March 27th, NASDAQ Dividends reports. Shareholders of record on Friday, March 28th will be paid a dividend of 0.0681 per share on Monday, March 31st. The ex-dividend date of this dividend is Friday, March 28th. This is a 34.9% increase from Capital Group Short Duration Municipal Income ETF’s previous dividend of $0.05.

Capital Group Short Duration Municipal Income ETF Trading Down 0.1 %

Shares of CGSM stock traded down $0.02 on Friday, hitting $25.99. 132,232 shares of the stock traded hands, compared to its average volume of 153,563. Capital Group Short Duration Municipal Income ETF has a twelve month low of $25.54 and a twelve month high of $26.34. The firm’s 50-day moving average price is $26.11 and its two-hundred day moving average price is $26.13.

Capital Group Short Duration Municipal Income ETF Company Profile

The Capital Group Short Duration Municipal Income ETF (CGSM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively manages a portfolio of US municipal bonds exempt from regular federal income tax. The portfolio is mostly comprised of investment grade debts and the average portfolio duration is expected to be one year.